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WPP’s reportable revenue for the first six months of 2006 was up 16.1% at £2.864 billion, with headline profit before tax up over 24% to £361 million. On a constant currency basis, revenue was up 12.7% compared with last year, whilst on a like for like basis, excluding the impact of acquisitions and currency, revenues… Continue reading WPP Reportable Revenue Up In H1 2006

Marketing services spending is expected to reach $455.72 billion by 2010, according to new research published by Veronis Suhler Stevenson (VSS). Spending on direct response media, event marketing and custom publishing is fuelling the growth says VSS. VSS says that total media and communications spending is forecast to rise 7.2% in 2006 to $961.9 billion,… Continue reading Strong Growth Forecast For Marketing Services Spending

The digital transition was a key focus for entertainment companies at the Merrill Lynch (ML) Media Conference taking place this week. Merrill Lynch said that the US advertising market appears to be relatively healthy, with political dollars being spent on the forthcoming senate elections at TV level, whilst News Corp suggested that the advertising market… Continue reading Media Conference Focuses On Digital Transition

BT has set out its global vision predicting strong growth in the US, Japan, India and China, with revenues from these markets expected to double by 2008/9. The company also said that it is targeting turnover of one billion Euros in both the Italian and German markets during the same period. In addition, BT said… Continue reading BT Sets Out Global Vision

Rupert Murdoch’s News Corporation has acquired a majority stake in mobile content company Jamba, known as Jamster in the UK. News Corporation has acquired a 51% stake in Jamba, the company behind the Crazy Frog, in a deal believed to be worth $187.5 million. News Corp bought the stake in Jamba from owners VeriSign, who… Continue reading News Corp Acquires Controlling Stake In Crazy Frog Company

SMG is to sell off its cinema and outdoor advertising businesses, Pearl & Dean and Primesight. The news comes with UTV thought to be preparing another bid for the group, after having two previous offers turned down (see Strong 2004 For Online Advertising). Pearl & Dean generates 25% of cinema advertising revenues in the UK… Continue reading SMG To Sell Pearl & Dean And Primesight

SMG’s total underlying revenues were down 2% to £88.6 million in the first six months of 2006. SMG attributed the fall in revenues on the contract rights renewal system in addition to a weak advertising market. Television revenues fell by 7%, in common with ITV1 as a whole, to £57.9 million, in the first six… Continue reading SMG H1 Underlying Revenues Fall 2%

The total value of the customer publishing industry is estimated to reach £1 billion by 2011, according to new research carried out by Mintel. The research, commissioned by the Association of Publishing Agencies (APA), also forecasts that by 2011 turnover will exceed £541 million, an increase of 54%. The industry is currently worth £680 million,… Continue reading Customer Publishing To Become Billion Pound Industry By 2011

JCDecaux has announced record results for the first six months of 2006, which it says reflect a strong operating performance. Consolidated revenues of €945.8 million increased by 13.4% in the first half of the year, with organic revenues, excluding acquisitions and the impact of foreign exchange, increasing by 7.6%. The outdoor specialist’s operating margins increased… Continue reading JCDecaux Announces Record Results For First Half 2006

UTV, the multi media group which broadcasts radio and television and provides internet and telephony services, has announced that its operating profit rose by 30% in the first six months to June 30. UTV’s turnover was up 60% from £35.6 million in 2005 to £57.1 million in H1 2006. Advertising revenues from radio were up… Continue reading UTV Group Operating Profit Up 30%